When Dealing with Security Interest, the Failure of a Creditor

question 5

Multiple Choice

When dealing with security interest, the failure of a creditor to register

• A) will result in a legal offence which invalidates the creditor's interests.
• B) may be a matter of too much trouble and expense.
• C) will risk that the debtor can prevail in a law suit.
• D) allows the provisions in the Sale of Goods Act to govern where there is an innocent third party.
• E) would always be quite foolish.

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